haku: @author Hoffmann, J. / yhteensä: 9
viite: 7 / 9
Tekijä: | Hoffmann, J. Homburg, S. |
Otsikko: | Explaining the rise and decline of the dollar: A reply |
Lehti: | Kyklos
1991 : VOL. 44:3, p.451-456 |
Asiasana: | EXCHANGE RATES |
Kieli: | eng |
Tiivistelmä: | Hoffmann and Homburg (1990) tried to give a theoretical explanation of the behavior of the DM/S-exchange rate over the eighties. While the appreciation can be explained by standard transfer theory, the depreciation needs a refined transfer approach. Menkhoff (1991) rejected this explanation. In their reply Hoffmann and Homburg discuss the issues. Further, they argue that the recent developments gave new confirmation to their method. |
SCIMA